Popular Analyst Plan B Predicts Bitcoin Price to Surpass $300,000 in 2025 – Here’s How
In a recent prediction revealed on April 17, crypto analyst “Plan B” forecasted that the Bitcoin price would surpass $300K by 2025, with expectations of reaching $100K by December 2024.
Plan B shared their forecast on X, emphasizing the positive influence of Halvings on BTC’s price. They believe the upcoming Halving will not be different.
IMO this bitcoin halving will NOT be different:
– All bitcoin price increase will again be around the halving
– Buying 6m before the halving and selling 18m after the halving (green line) will outperform buy&hold
– BTC > $100k in 2024
– BTC top > $300k in 2025 pic.twitter.com/lCZjnuoYMO
— PlanB (@100trillionUSD) April 17, 2024
Bitcoin halving occurs every four years, reducing the rate at which new coins are created by half.
Plan B’s prediction is based on the Stock-to-Flow (S2F) model, which evaluates Bitcoin’s scarcity by comparing the circulating supply (stock) to the new supply entering the market (flow).
According to the S2F model, as the supply of new Bitcoins decreases due to halving events, the scarcity of Bitcoin increases, potentially leading to higher prices.
The Bitcoin price is expected to benefit from the increasing scarcity after the halving event and the growing institutional interest in Bitcoin, such as spot Bitcoin ETFs and Ordinals.
In addition, Plan B shared insight regarding the timing of buying and selling Bitcoin around the halving event. The idea is rooted in the concept that Bitcoin’s price typically rises leading up to and following a Halving event due to the reduction in supply.
BTC traders tend to capitalize on the anticipated price increase by purchasing Bitcoin just before the halving, while the prediction to sell shortly after the halving, within a timeframe of around
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